OPEC+
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OPEC’s boosted global demand forecasts dampen concerns, fuel oil price surge
The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26 In anticipation of the upcoming meeting of…
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China, Saudi Arabia stress importance of oil market stability as Xi visits Riyadh
Crude oil partners China and Saudi Arabia stressed “balance and stability in the world oil markets” in a joint statement.…
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Oil increases over supply jitters ahead of OPEC+ meeting
Upcoming EU ban on Russian oil is putting additional upward pressure on prices Oil prices rebounded on Tuesday after losing…
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Oil prices down over bearish oil import data from China
World’s 2nd-largest economy imported 2% less crude oil in September compared to last year Oil prices fell on Monday as…
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Oil prices rise as decline in US stocks ease demand concerns
A larger-than-expected drop in US crude stocks contributes to price increases Oil prices climbed Wednesday on the back of an…
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OPEC+ actual oil production fall to be lower than quota cuts: Fitch
Reaching consensus among members difficult due to demand uncertainties, recession in large developed markets, says ratings agency The decision by…
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OPEC+ producers agree to cut output by 2 Million barrels per day starting from November
Next meeting of OPEC and non-OPEC members scheduled for December 4 The Organization of Petroleum Exporting Countries (OPEC) and allies,…
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OPEC+ to consider oil cut of over than 1 million barrels per day
OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) next week, OPEC sources…
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Oil up with supply fears ahead of OPEC+ meeting
Price upticks come with likely positive conclusion from nuclear talks between Iran and US Oil prices increased on Monday as…
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